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Tesoro Gold ( (AU:TSO) ) has issued an update.
Tesoro Gold Limited has announced significant assay results from the La Brea target at its El Zorro Gold Project in Chile, indicating a potentially large new gold target. The discovery includes four major mineralised trends and high-grade gold samples, suggesting a vast scale and potential for a new large-scale gold system. The findings are associated with fault zones near the La Isla intrusion, similar to the nearby Ternera Deposit. A detailed trenching program is planned to refine drill locations, with initial drilling expected in the coming months, potentially impacting Tesoro’s operations and market positioning.
The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.11 price target. To see the full list of analyst forecasts on Tesoro Gold stock, see the AU:TSO Stock Forecast page.
More about Tesoro Gold
Tesoro Gold Limited is a company operating in the mining industry, primarily focused on gold exploration and development. Its primary projects are situated in Chile, with a notable emphasis on the El Zorro Gold Project, which includes the Ternera Gold Deposit.
Average Trading Volume: 3,355,442
Current Market Cap: A$54.4M
See more data about TSO stock on TipRanks’ Stock Analysis page.